Svmuu News Nasdaq Listing Bitcoin Mining company Canaan Inc. disclosed that it received a written notice on January 14 Nasdaq stating that the company had violated Nasdaq Listing Rule 5550(a)(2),as the closing price of its American Depositary Shares (ADS) had been below $1.00 per share for 30 consecutive trading days.As required by the notice, Canaan must raise the closing price of its American Depositary Shares (ADS) to above $1.00 and maintain that level for 10 consecutive trading days by July 13, 2026, to avoid delisting. (PRNewswire)